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Dec 7, 2012
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john boehner and president obama and nancy pill low city blamed the republicans. >> we had a serious proposal based on president clinton's chief of staff. there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell
john boehner and president obama and nancy pill low city blamed the republicans. >> we had a serious proposal based on president clinton's chief of staff. there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in...
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Dec 6, 2012
12/12
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. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually >>> a new report shows at least a doze
. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at...
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Dec 6, 2012
12/12
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. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually costs taxpayers thousands of dollars.
. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at...
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Nov 29, 2012
11/12
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KNTV
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yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those positive comments. meantime small businesses hit it big on cyber monday. digital research firm big commerce says a surge in orders drove overall revenue for small chains and mom and pop stores up 25% over last year's cyber monday. the average order price was 8% higher. online shoppers bought so much stuff, local retailers were averaging about two orders per second. that's four times the normal daily rate. >>> you know, it seems as though every single day during the holiday season has its own title. small business saturday, cyber monday, now it's cyber week. i'm wondering if every day between now and
yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those...
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Dec 3, 2012
12/12
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deep in the obama boehner negotiations, they were talking about a proposal with 800 billion in revenue that would come through a somewhat tax reformed process. right now we're seeing the exact opposite. president obama is sticking firm with what he offered in his budget release, or at least in his opening bid and boehner is kind of chasing over obama with more or less compromised proposals saying, why won't you work with me, give more, sacrifice more? look, we're early here and most of the people i talk with in washington are saying we're not going to get deep into this until mid-december at least. if we do a process of kind of incrementally coming from in between the two proposals, you could very easily imagine between obama and boehner on tacks is $1.2 trillion. that's where they end up on mandatory spending, 750. that wouldn't be a shocker either. boehner's opening bid here is not the bid of the side in the stronger position. it's a side desperately trying to get the press to compromise. >> now, michelle whark we don't see in the counteroffer is extension of payroll tax cut, extensi
deep in the obama boehner negotiations, they were talking about a proposal with 800 billion in revenue that would come through a somewhat tax reformed process. right now we're seeing the exact opposite. president obama is sticking firm with what he offered in his budget release, or at least in his opening bid and boehner is kind of chasing over obama with more or less compromised proposals saying, why won't you work with me, give more, sacrifice more? look, we're early here and most of the...
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aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military and coast guard veterans will place a wreath in alameda to mark the 71st anniversary of the japanese attack on the pearl harbor base in hawaii. it will be followed by a 20 within gun salute. more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack december 7th, 1941. the attack helped usher the u.s. into world war ii. 3:45 in afternoon sons and daughters of survivors will attend the 48th annual beacon lighting in honor of pearl harbor day. >>> the iphone is likely coming to t-mobile in the new year, the company says it will add apple products in 2013 the company didn't mention the iphone by name and misses say it is likely the -- >>> san francisco-based site zynga wants a real money gambling experience for users. the company has filed an applicatio
aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military and coast guard veterans will place a wreath in alameda to mark the 71st anniversary of the japanese attack on the pearl harbor base in hawaii. it will be followed by a 20 within...
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Dec 7, 2012
12/12
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obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word yet if this group plans to come back to oakland today. >>> funeral services will be held this weekend for two teenage
obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out...
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Dec 3, 2012
12/12
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KRON
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house speaker john boehner blames the stall made on the obama of ministration. he says that they are not taken republicans seriously with their plan to close loopholes and limit deductions without raising taxes. the democratic controlled senate has already voted to extend the bush does for and comes under too much of a $50,000 and letting the others expire. moody's is predicting that there will be released a short-term deal reached before the end of the year. >> harris said live look from our roof here on van ness avenue in san francisco. you should enjoy today because there is wet weather still on their way. >> we are watching wall street. it u.s. builders boosted construction spending in october of the most of five months, led by housing. strong all sales from ford and chrysler. u.s. manufacturing shrinks to its lowest level since july of 2009, first month after a recession. this is shaving off the gains that we had. >> delta airlines is in talks to buy a 49% stake in virgin atlantic airways. those shares are currently owned by singapore airlines. the mold is
house speaker john boehner blames the stall made on the obama of ministration. he says that they are not taken republicans seriously with their plan to close loopholes and limit deductions without raising taxes. the democratic controlled senate has already voted to extend the bush does for and comes under too much of a $50,000 and letting the others expire. moody's is predicting that there will be released a short-term deal reached before the end of the year. >> harris said live look from...
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Dec 5, 2012
12/12
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KRON
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told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the wet weather is to the north. it is going to pick up in intensity, overnight. it will impact certain areas to more with moderate/heavy downpours. it
told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from...
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Dec 7, 2012
12/12
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obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time now 6:07. we are following this story. oakland church youth group traveling in florida they are out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday about an hour after arriving far weekend youth conference. someone broke into their van stole 12,000 cash. one member of the group says they were able to have some money mired so they -- wired so they did spend last night in a hotel. >>> survivors of the attack on pea
obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time...
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Dec 3, 2012
12/12
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KRON
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house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend the bush era of cut for incomes that are under $250,000 and led the other is expired. >> moody's analytics predicting there will be a short-term deal reached before the end of the year. we will take a quick break on the kron for morning new we want to go outside and give you a quick look. we will tell you about the power outages i think we have information where you can see the north bay is still dealing with more than 1300 customers without power in the south bay about 1100. in the east bay 940. 700 on the peninsula and roughly 60 customers in san francisco. we will let you know as we
house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend...
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Dec 3, 2012
12/12
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but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two main players are president obama and speaker boehner. my concern has been this looks like campaign time and the election wasn't over and we didn't have the prospect of going over the fiscal cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face acceptable to the president and the democrats here but interestingly it has the same total number of savings and tax revenues as the president does over 10 years, $2.2 trillion. that is a lot more spending and entitlement reform in the president plan -- republican land and the democratic plan but now they can fill things in and the president has to be at the table to close the deal. he has the mandate to do it. >>neil: part of the mandate means both sides should give a little. obviously the republican plan has a debt commission feel to it but beside that i am wondering if it and tough and i know you are
but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two main players are president obama and speaker boehner. my concern has been this looks like campaign time and the election wasn't over and we didn't have the prospect of going over the fiscal cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face...
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Dec 7, 2012
12/12
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john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations. >>> the s.w.a.t. team surrounded an apartment late last night. we don't have any other details, but the s.w.a.t. activity ended around 2:00 a.m. no word if any arrests were made. >>> a labor dispute at oakland international airport could erupt into a full-blown strike during holiday traffic. union members picketed yesterday on behalf of nonunion members who they say have been mistreated. this coincides around one of the busiest times of the year at the airport. >> this is a busy time of year, a lot of passengers coming in and out of the airport, people will appr
john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations....
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Dec 3, 2012
12/12
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you've got a existed in in president obama versus a lose her in john boehner. and here is boehner again yesterday, on fox news sunday saying, when he looked at the president's proposal, oh my god. >> i was flabbergasted. >> flabbergasted. >> he can't be serious. i just have never seen anything like it. we've got seven weeks between election day and the end of the year three weeks have been wasted with the nonsense. who is flabbergasted anymore? have you ever heard that word? >> peter: an old word. >> 1920s called. they weren't there. >> bill: yeah, my great aunt madeline used to say, "flabbergasted" she was 90 then. >> i was waiting for him to say we got beat, it was a slobberknocker. >> maybe they say that in the bar. the other thing is t flabbergasted? he has known about this plan. you can check it out. this is nothing to be flabbergasted about. this was out there long since the election and ever since. >> a non--serious proposal. the president was asking for $1.6 trillion worth of new revenue over 10 years, twice as much aziz been asking for in public. stimu
you've got a existed in in president obama versus a lose her in john boehner. and here is boehner again yesterday, on fox news sunday saying, when he looked at the president's proposal, oh my god. >> i was flabbergasted. >> flabbergasted. >> he can't be serious. i just have never seen anything like it. we've got seven weeks between election day and the end of the year three weeks have been wasted with the nonsense. who is flabbergasted anymore? have you ever heard that word?...
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Dec 5, 2012
12/12
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what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, about a 800 billion dollars billion worth of revenues, but he says he will do that by lowering rates. when you look at the math, it doesand he won't agree to eliminate a tax dedication >> "every hospital and university and not for profit agency across the themselves on the verge of realistic option." >> but the president didn't say all this to speaker boehner -- he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> "i know that the president certainly wants a deal. he didn't try to handicap it." and earlier this week, he told so called middle class americans on twitter keep pressure on congress, he's even ventured out
what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, about a 800 billion dollars billion worth of revenues, but he says he will do that by lowering rates. when you look at the math, it doesand he won't agree to eliminate a tax dedication >> "every hospital and university and not for profit agency across the themselves on the verge of...
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Dec 7, 2012
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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president obama and house speaker john boehner spoke on the phone about the situation yesterday. among the major sticking points is republican support for continuing tax cuts for the wealthiest americans, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the coun
president obama and house speaker john boehner spoke on the phone about the situation yesterday. among the major sticking points is republican support for continuing tax cuts for the wealthiest americans, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to...
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Dec 6, 2012
12/12
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WTTG
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president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till thousands instantly. some 40,0
president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian...
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Dec 6, 2012
12/12
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MSNBC
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if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smart conservatives. byron york in "the weekly standard," and john padora, bill kristol are all saying the republicans have to do something. they're playing a losing hand. fedoris writes, every way you look at it, the gop is trapped. republican politicians will cave and give the president most of what he wants. the only real question is, when? the answer is, probably at the worst possible time when they've done even more damage to the party's brand. governor, if you were a republican today, would you sitting down say, you know we have to eat this, deal with this top 2%, we can't be seen as ha
if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smart...
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Nov 30, 2012
11/12
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KGO
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. >> president obama told boehner there is no deal unless to keep the tax rates go up for those earning more $250,000. >> 138 nations voted to granted the palestinian authority status as a non-member observer state. israel and united states voted against the controversial measure which could make it easier for the palestinian authority to pursue israel in international courts. palestinian president mahmoud abbas called it a last chance for a peaceful two state settlement. >> just ahead, a bay area's woman battle against cancer. >> how social media is bringing >>> traditional fund-raising usually involves something like a bake sale or auction. >> social media opened a new arena. >> it is called cloud funding and michael finney is here tonight, apparently it works. >> it really does. it is a game changer. i reported earlier about a local elementary school where they were able to raise cash by using a cloud funding site. thousands of folks are raising money from everything from making movies to paying medical bills. for one san francisco woman who is fighting cancer, it has done more. it h
. >> president obama told boehner there is no deal unless to keep the tax rates go up for those earning more $250,000. >> 138 nations voted to granted the palestinian authority status as a non-member observer state. israel and united states voted against the controversial measure which could make it easier for the palestinian authority to pursue israel in international courts. palestinian president mahmoud abbas called it a last chance for a peaceful two state settlement. >>...
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Dec 7, 2012
12/12
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obama is jewels, boehner is pumpkin and the tea party is yolanda. they're locked in a tense standoff so potentially apock liptic they have guns pointed at each other while they appear very cool. the diner has come to a standstill, which representing the nation awaiting the outcome. like those diners robbed of their wallets and peace, the nation faces uncertainly times ahead. to help sort it out we have jared ber design and peter. let's talk about these two things. unemployment and the one on one game in washington right now. does one have anything to do with the other, jared? >> well, yes, they do, although i'm still trying to work out this movie metaphor, so give me a second. as the labor market improves and i agree with you that things were definitely better in november than we expected, given the lack of apparent damage from the storm at least according to the bureau, as things improve and the underlying economy continues to show more momentum, the job market too slowly in my view but it is improving. the costs, the opportunity costs to use an ec
obama is jewels, boehner is pumpkin and the tea party is yolanda. they're locked in a tense standoff so potentially apock liptic they have guns pointed at each other while they appear very cool. the diner has come to a standstill, which representing the nation awaiting the outcome. like those diners robbed of their wallets and peace, the nation faces uncertainly times ahead. to help sort it out we have jared ber design and peter. let's talk about these two things. unemployment and the one on...
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and boehner on tax policy as though this was the issue that was going to solve the u.s. economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the problems of the u.s. and to put that in even broader scope our guest kevin phillips his recent book is about seven hundred seventy five so he just finished a book on the american revolution many more economic factors playing a role there than what we maybe are taught in grade school here in the u.s. so we looked at what the lessons are today looking at the. current economic problems and monetary problems and got his perspective a perspective he says that politicians are not likely to have he says they don't read history books but you know what we are giving them a clip notes just in cas
and boehner on tax policy as though this was the issue that was going to solve the u.s. economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the...
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Dec 1, 2012
12/12
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FOXNEWSW
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if boehner and obama could come together they could get within done in an hour but they have to worry about the left and right. that's why a lot of bluster. >> i think nancy pelosi will be key there will be a lot of defections on the republican side, nancy pelosi stays in the house she is a great whip. she has to convince a lot of democrats to vote yes. there are going to be been fit cuts, cuts to entitlement, otherwise republicans are not going to go along with any type of tax increase. >> greta: people make business decisions based on what they predict is going to happen. congress and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say well -- >> greta:
if boehner and obama could come together they could get within done in an hour but they have to worry about the left and right. that's why a lot of bluster. >> i think nancy pelosi will be key there will be a lot of defections on the republican side, nancy pelosi stays in the house she is a great whip. she has to convince a lot of democrats to vote yes. there are going to be been fit cuts, cuts to entitlement, otherwise republicans are not going to go along with any type of tax increase....
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Dec 6, 2012
12/12
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KPIX
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. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's ri
. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax...
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Nov 29, 2012
11/12
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KTVU
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in today's first look: the president obama / congressman boehner bounce: after struggling through the first half of the session, the dow made a triple-digit turnaround, going from red to green on upbeat budget comments from washington. gold took a hit, while oil slipped a bit. regulators are pushing off the final draft of the volcker rule into next year. the rule limits the ability of banks to trade stocks, options, commodities, and more. aaa predicts gas prices for the year 2012 will be the most expensive ever. the national average is $3.63 per gallon, topping $3.51 in 2011. the current price is $3.41, down a penny in the past week. mark sebastian of option pit mentoring and consulting joins us now to talk cliffs and bluffs. good morning to you. > > good morning. > still no chance we are going off that cliff according to traders? > > i guess not. it is interesting what will happen when politicians are short on detail, long on optimism. we could really get a nice rally. we took a nice technical bounce off the 200-day moving average around 1385. i don't think we see any real resistance
in today's first look: the president obama / congressman boehner bounce: after struggling through the first half of the session, the dow made a triple-digit turnaround, going from red to green on upbeat budget comments from washington. gold took a hit, while oil slipped a bit. regulators are pushing off the final draft of the volcker rule into next year. the rule limits the ability of banks to trade stocks, options, commodities, and more. aaa predicts gas prices for the year 2012 will be the...
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Dec 7, 2012
12/12
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MSNBC
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president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from the wealthy, yet he hasn't identified these reductions, where do democrats stand on rates? is that the bottom line? the rates have to go up? >> the rates have to go up, ed. it's a matter of simple math, as the president has said. which is why in the house of representatives the democrats filed what's called a discharge petition that would require the speaker to bring to the floor of the house the senate bill, the senate democratic bill that immediately would extend tax relief to all middle income taxpayers and would ask higher income folks to pay more. if we can get about 26 republicans to put t
president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from...
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Nov 30, 2012
11/12
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KTVU
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optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 months. when asked which countries will offer the best investing opportunities for next year, the u.s. ranked number 1 for the 8th quarter in a row. china came in second, and europe was considered the worst for returns. for those holding out hope for a second life for twinkies, ho- hos and ding-dongs, there's encouraging news. hostess says it is in talks with more than 100 interested buyers. at the same time, hostess is seeking approval in banruptcy court to pay its top executives $1.8 billion in bonuse
optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either...
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Nov 30, 2012
11/12
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KICU
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the n
lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end...
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Dec 6, 2012
12/12
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MSNBCW
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president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama.
president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from...
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president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to another hike in the nation's debt ceiling. >> we're not going to play that game next year. if congress, in any way suggests they tie negotiations to debt ceiling votes, and take us to the brink of default again as part of a budget negotiioion, i will not
president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody...
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Nov 29, 2012
11/12
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FBC
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gerri: a lot call obama moves more campaigning. one of the questions that's not answered, andbowles brought it up today. he says democrats he to move on entitlements. should entitlements be a part of the conversation? >> oh, i think they absolutely have to be a part of the conversation. you know, if you look at what's happenedo spending over the last five or six years, and we know what's going to happen over the next 20-30 years, it's going to go up including federal spending as a share of gdp because of the relentless demographics. this is all about health care spending, not just entitlements, but the biggest share of the budget which is all of those programs starting with medicare and medicaid. you can't geout of it without dealing with those, a and bowles is absolutely right. gerri: long way to go. thanks for coming on. appreciate your time. >> sure. thank you. gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for ve days. as president obama pushes for
gerri: a lot call obama moves more campaigning. one of the questions that's not answered, andbowles brought it up today. he says democrats he to move on entitlements. should entitlements be a part of the conversation? >> oh, i think they absolutely have to be a part of the conversation. you know, if you look at what's happenedo spending over the last five or six years, and we know what's going to happen over the next 20-30 years, it's going to go up including federal spending as a share...
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Dec 3, 2012
12/12
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KTVU
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this is in response to president obama's suggestion. john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
this is in response to president obama's suggestion. john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
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Dec 4, 2012
12/12
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MSNBCW
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. >>> obama to boehner, get serious. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. the republicans have their plan, and it's great news for the rich. speaker john boehner just put it out. those at the top, the 2%, are safe. your bush tax cuts are going to keep on giving. one problem, mr. boehner, you lost. that was your position before the election, and you lost. mitt romney campaigned on keeping the tax cuts for the wealthy, and he lost. and he promised to do what john boehner is doing right now, and he lost. how about some respect for the electorate? how about seeing what the 2012 presidential debate was about? obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. joining me is joy reid of the grio
. >>> obama to boehner, get serious. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. the republicans have their plan, and it's great news for the rich. speaker john boehner just put it out. those at the top, the 2%, are safe. your bush tax cuts are going to keep on giving. one problem, mr. boehner, you lost. that was your position before the election, and you lost. mitt romney campaigned on keeping the...
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Nov 30, 2012
11/12
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KTVU
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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Dec 4, 2012
12/12
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KTVU
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they will meet with house speaker john boehner, governor jerry brown is actually not in the group. >>> white house is rejecting the republican fiscal proposal. and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want them to know. >> if we take a live look, this happens in just a matter of minutes and i bet you it is going on right now. so give yourself extra time if you are headed into the city right now. we can show you 580 westbound and then also up in the pittsburgh antioch area, slow going there on highway 4 as you make your way towards concord. last but not least, 280 san jose and traffic is moving along pretty well. 6:07 here is steve. >>> cloudy skies, now last hour, there has been some light rain in mendocino and down to salina, it is cloudy and a few areas of fog. this system is considerably weaker than the one we have and it looks like we will pick it up later tonight into tomorrow an
they will meet with house speaker john boehner, governor jerry brown is actually not in the group. >>> white house is rejecting the republican fiscal proposal. and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want them to know. >> if we take a live look, this happens in just a...
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Dec 5, 2012
12/12
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CNBC
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did president obama disspeaker john boehner in a comment today. >> on the conservative side of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing going on privately that is not going on publicly. even as he has to deal with this rebellion. he has to deal with democrats and harry reid's comments today give you a sense of where they are coming from. >> they have to come up with specific revenue. and they refuse to do that. it is a simple question of arithmetic. you can't get from here to there unless you raise the rates. so as you know in washington, a rebellion in the ranks like this could be a problem. but in the spohort-term, if it remains constrained. it could be a good negotiating term. he could say i have offered everything that i have and still get this thi
did president obama disspeaker john boehner in a comment today. >> on the conservative side of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing...